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To: BigBull who wrote (94081)	8/29/2001 10:51:01 PM
From: patron_anejo_por_favor	Respond to of 95453

<<This changes everything>> Hi Bull...I think you're still reading a bit too much into that. Europe and Asia are now dead in the water also, got production dumping? If the consumer continues to tank, manufacturing will stagger along the bottom before the next leg down (when rate cuts stop). Even the dude quoted in your link was hedging: Our argument here is that there's no reason to be optimistic that we're out of the woods yet,'' Jasinowski said. Anyways, good to hear from you and I guess we'll agree to disagree! Regards Patron

To: BigBull who wrote (94081)	8/29/2001 11:12:43 PM
From: Second_Titan	Read Replies (1) \| Respond to of 95453

Pulling up the GDP data & charts on economy.com is an eye opener. The magnitude of the drawdown in inventory is rare ovr the last 20 or so years that came up. The other nations have been riding off our coat tails and will likely do so again. A very big shot in the arm is coming the consumer in the form of lower heating bills and electric bills this Winter. NG will be a bargain until the bubble is seen clearing. All the hype about oil heating & gasoline prices pales in comparison to the difference in NG prices from last Winter to the coming one. What lower heating bills? Either pay off the credit card or buy more for Xmas.

To: BigBull who wrote (94081)	8/29/2001 11:43:38 PM
From: cnyndwllr	Read Replies (2) \| Respond to of 95453

BigBull, I think the strongest point made in your post is the logic behind your investment strategy of buying in now for 5 year holds in tech that will likely help you retire. In view of the the huge amount of relatively affluent baby boomers who are looking at a similar time frame and seeing prices falling to lows in blue chips that they were kicking themselves for not buying at two short years ago, I can't see much more of a fall. Even at presumably historically overpriced values, there is still a lot of money chasing stocks and I don't believe it will let things drop too much as long as there are signs that a recovery will happen in the next year or so. It may be early, but I don't think it is painfully early. Definitely not margin time yet though. Ed